Rachan M.
Should I setup a LLC?
Recognizing that it won't count as legal or professional advice, can you guys share your thoughts about whether or not to setup a LLC?I'm just starting out, and I plan to buy 1 rental property (both short and long ter...
Silviano Gaona
Can I use SDIRA to purchase a home and rent to a sibling?
Hello,Can I use SDIRA to purchase a home (manufactured home) and rent to a sibling?If so, in the future is there any issue if the sibling purchases the home? Can you do a lease to buy option?What if any restrictions o...
Owen Thornton
What tax benefits does an LLC provide
Hello! If you are looking to be a full time investor of rental properties, and you would like to get tax benefits, what route would be best to go? Would an LLC provide this for you? Or is there another route to go?
Conor Shea
Best tax strategy for writing off expenses
Hi all, I'm a new investor looking to buy my first multifamily deal with a partner. We have an offer in on a triplex and will be using a VA Loan to purchase the property. The property needs to be rehabbed and I have t...
Vikrant Prakash
Short Term Rental House Hack
I am new to this forum but have seen some really great posts, advice and experiences shared on this forum. I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unu...
Jody Bowen
tax guidance and help
Hello...I'm a licensed agent that does a handful of flips and I personally list them.
I purchase them under an LLC and I run my agent stuff thru a PLLC...
Would it be tax advantageous to pay myself a commission on t...
Paulus Anglada
Should I form an LLC for my rental that became a flip?
I have 2 rental properties in Rock Hill, SC and bought a third one last month planning on keeping it as a rental. Turns out that I found out that I can make a $60K+ profit if I flip it. I bought in my personal name. S...
Michael Perschke
Bill my LLC for Mortgage
Hi, new member here. I own a home with a mortgage in my name (primary home). I recently started an LLC and am renting the home through the LLC. The home is not in the LLC, how can I have the LLC make mortgage payme...
Matthew Kirchmyer
From individual to 2-person ownership with DSCR loan
I'm selling a house in North Carolina and buying one with my friend in California. Both are SFR rentals so I want to do a 1031 exchange.
We are doing a "Dscr" loan and the banker said it needs to be bought in an LLC....
Misty Wood
1031 Exchange - Name change
Hello, I own a % of a family farm and would like to do a 1031 exchange with my proceeds once the farm has sold. When the property is sold, it will be done in the family name and the proceeds will be distributed to ea...